MUMBAI, India, May 29 -- Intellectual Property India has published a patent application (202621036053 A) filed by Prof. Ashwini R. Nawadkar; Sharayu Abhijit Itkikar; Chinmayee Narendra Jadhav; Sanskruti Anand Bhandari; and Aditi Anand Gandhi, Pune, Maharashtra, on March 25, for 'secure finance awareness system using advanced ai.'
Inventor(s) include Prof. Ashwini R. Nawadkar; Sharayu Abhijit Itkikar; Chinmayee Narendra Jadhav; Sanskruti Anand Bhandari; and Aditi Anand Gandhi.
The application for the patent was published on May 29, under issue no. 22/2026.
According to the abstract released by the Intellectual Property India: "The present invention relates to a Secure Finance Awareness System using Advanced Artificial Intelligence d enhance financial literacy and decision-making among users. The system integrates personal financial data, income, expenses, savings, loans, and investments, with macroeconomic indicators such as inflation, interest GDP obtained from external sources. It employs an advanced AI engine incorporating context-aware analysis, e: AI, predictive modeling, counterfactual analysis, and generative AI to provide personalized financial recommendations, and educational content. The system includes key features such as a financial dashboard for tracking user data, an economic awareness n simplified understanding of economic trends, a personalized insight module linking user data with macrc conditions, an Al-based tutor for interactive query resolution, and adaptive learning modules tailored to user pre architecture consists of frontend, backend, AI processing, and database layers, ensuring efficient data flow anc analysis. To ensure data security and privacy, the system implements multi-factor authentication, encryption technique based intrusion detection mechanisms. The invention provides a comprehensive, secure, and intelligent plat enables users to make informed, context-aware, and future-oriented financial decisions."
Disclaimer: Curated by HT Syndication.
